BUS 401: Principles of Finance WK 1 discussion 1

Summarize the role of management as it relates to finance in a corporation. In your post address the following:

-Indicate the various aspects of finance that management must understand

-describe why a manager needs to understand the characteristics and importance of financial markets including risk and efficiency.

-describle why cas flow is more important than sales in a business

-discuss what could happen if management does not fufill responsibilities related to finance. If you have one, share a real world example from your own professional experience or from an external source.

200-250 words